VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: ZOOB who wrote (6348)	10/6/2000 10:05:04 PM
From: Voltaire	Read Replies (4) of 65232

Hi ZOOB, I for one am almost all margin when long stocks because I feel I know how to use it and do not fall into the psychological fear that it brings for most. Most people do not realize as I have written " basically unless the markets went to zero, there is no such thing as a margin call to me because I'll simply write leaps and buy more if it is a stock I love and tell em to kiss my ass. I have done it time and time again but most should never try it I feel. I have always found it fascinating how people that preach against ANY MARGIN WHAT SO EVER, think nothing of marrying that sweet little thing, plopping down 10% equity on a $700,000 home, assuming a $7,000 a month mortgage almost all on margin and then as I have said before, receive the ultimate margin call when little sweetie says - I WANT A DIVORCE. Oh well, just musing. V

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